Tag: Insurance

Cytora and ChAI collaborate to fortify insurers against market volatility

Cytora, a leader in digital risk processing, and ChAI, an AI-powered commodity pricing forecaster, have announced a strategic partnership.

How insurers can optimize claims and retain customers

Claims represent a pivotal moment in insurance, often determining customer loyalty and future business opportunities. They not only involve the insurer and the customer but also the beneficiary, creating a chance to impress and potentially convert the beneficiary into a new customer. This underscores the importance of a satisfying service process during claim handling.

Aim Security, pioneering GenAI security, raises $18m in Series A

Aim Security, a leader in GenAI security solutions, announced today that it has secured $18m in Series A funding.

How Simplifai boosted efficiency for a FinTech giant through AI-powered automation

In the ever-evolving landscape of the FinTech industry, companies strive to stay ahead by embracing innovative technologies that enhance operational efficiency and customer satisfaction. One such FinTech giant, renowned for its revolutionary payment solutions and merchant-focused technology, embarked on a transformative journey to address its growing operational challenges. AI-powered automation specialists Simplifai explains how it enhanced the efficiency of this industry titan.

Vertafore launches Project Impact to revolutionise insurance workflows

Vertafore, the leader in modern insurance technology, has announced Project Impact, a new initiative aimed at delivering significant technology enhancements and workflow improvements.

hyperexponential and Send announce strategic partnership to enhance insurer pricing

hyperexponential and Send have announced a strategic partnership aimed at streamlining the pricing process for insurers.

Ushur unveils AI-powered digital self-service solutions for health plans

Ushur, the leader in AI-powered Customer Experience Automation (CXA), has launched a new AI-powered digital self-service solution addressing the significant challenges health plans and third-party administrators (TPAs) face in supporting members with complex care navigation needs.

CRC Group strengthens executive team

CRC Group, a leading wholesale specialty insurance distributor in North America, has announced the appointment of three new executives to its leadership team.

Vessel Protect hires industry veteran to drive business development

Marine war risk insurer Vessel Protect, a managing general agent under the Pen Underwriting UK umbrella, has announced the appointment of James Kent as senior business development underwriter, effective June 3.

Vantage Risk introduces U.S. primary cyber insurance

Vantage, a prominent insurance provider, has unveiled it is underwriting U.S. primary cyber insurance through its U.S. insurance subsidiaries, offering up to $10m in capacity.

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